Evans Amy S 4

What Happened
Amy S. Evans, Senior Vice President and Chief Accounting Officer of Hexcel (HXL), had restricted stock units (RSUs) convert into 583 shares in two vesting events (316 shares on 2026-01-29 and 267 shares on 2026-01-30). To cover tax liabilities, 127 shares (valued at $84.56 each, $10,739) were withheld on Jan 29 and 108 shares (valued at $82.81 each, $8,943) were withheld on Jan 30, for total tax-withholding value of about $19,682. The RSUs converted at $0 cost to the insider; net shares issued to Evans after withholding were 348 shares (583 vested − 235 withheld).

Key Details

• Transaction types: RSU conversion/exercise (code M) and shares withheld to pay taxes (code F). The filing also records the derivative conversion entries (RSUs converting into shares).
• Dates and prices: 2026-01-29 (316 RSUs vest; 127 shares withheld @ $84.56 = $10,739); 2026-01-30 (267 RSUs vest; 108 shares withheld @ $82.81 = $8,943).
• Net shares issued to insider: 348 shares (583 vested − 235 withheld).
• Footnotes: F1 = shares withheld to pay taxes; F2 = each RSU = one share; F3 = RSUs vest in equal increments over three anniversaries of grant.
• Filing timeliness: Form 4 filed 2026-02-02; filing appears timely (within required two business days of the reported transactions).

Context
This was not an open-market buy or sale for investment—Evans received shares from RSU vesting and a portion was withheld to satisfy tax withholding (a common administrative step). The withheld shares are recorded as dispositions for tax payment purposes and do not necessarily indicate a change in insider sentiment. The filing does not state the insider’s total ownership after these transactions.